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BlackRock's Bitcoin ETF continues to show how normalized the crypto market has become. I just looked at the numbers and honestly, it's impressive to see how a traditional product like this attracts so much institutional capital.
What strikes me most is that it proves Bitcoin is no longer just a gamble for crypto enthusiasts. Mainstream asset managers like BlackRock would never launch such a product if there wasn't real demand from the crypto market. It has become a true mainstream gamble, you know?
More and more people around me are asking how to access Bitcoin without really understanding blockchain. And then, boom, you have ETFs that make it super simple. This is definitely a turning point for the crypto market - institutions can no longer ignore this asset class.
The crypto market has really grown. This kind of product is just proof that we're no longer in 2017. It's serious now.